How does selling more bonds deliver any type of value to shareholders? If it becomes harder to make your target margin of profit due to high BTC exchange rates, why on earth would you want to employ more capital into the venture? With a total of 10 Mil shares outstanding and only 24974 active on the open market, it appears that you could further dilute the value of existing shares by a great proportion.
Please answer these two questions directly and concisely:
1. Why sell more bonds to the open public when your target margin of profit is not able to be hit due to exchange rates.
2. Please outline your exact methodology for delivering true value to shareholders.
Thank you.
Maybe you should read the thread directly and concisely. He has pointed out over and over that he sells more shares when the price of BTC goes up so he can convert them to more fiat. If this doesn't make sense to you, then you shouldn't be investing at all, but I'll try to dumb it down for you anyway.Please answer these two questions directly and concisely:
1. Why sell more bonds to the open public when your target margin of profit is not able to be hit due to exchange rates.
2. Please outline your exact methodology for delivering true value to shareholders.
Thank you.
100 shares sold
10 BTC converted to $50
$50 earns $10
$10 converted back to 1 BTC
1% diviend paid
rinse, repeat, etc, one week later:
$50 earns $10
$10 converted back to .75 BTC because of exchange rate
.75% dividend paid
rinse, repeat, etc, one week later:
$10 converted back to .5 BTC because of exchange rate
.5% dividend paid
VS
100 shares sold
10 BTC converted to $50
$50 earns $10
$10 converted back to 1 BTC
1% diviend paid
rinse, repeat, etc, one week later:
100 more shares sold (200 total now)
10 BTC converted to $75
$125 earns $22.50
$22.50 converted back to 2 BTC
1% dividend restored
Regarding 2, it has been stated that this is high risk and the nature of the business won't be revealed, what else do you want? Personally, and based on the vague information provided, I find it far easier to come up with ways for this venture to make money legally than I do pirate's, and it's not difficult to believe that other people would try it if they knew what it was, driving competition up and rates down. Finally, as he is passing investments through to an investment vehicle outside of his control, he can't do anything to "add shareholder value" other than selling more shares when appropriate. Also note that he has clearly stated that when this investment vehicle is filled, he will stop, and furthermore, if that happens and the exchange rate continues to climb, dividends will drop. This is not rocket science, and it shouldn't be surprising WHEN it happens, so if you're trolling, congratulations on hooking me where all of the prior posters couldn't.
